Revenue
1.9% of sector revenue
379 companies earned 147.19m€ in 2025, 1.9% of Trade sector revenue. Revenue has grown 2.3× since 2015.
1.9% of sector revenue
154 with at most one employee
Largest employer: Donator (339)
Median company -3.2% · 40% profitable
Average per employee, not per company
Revenue in € million (bars) and filing companies (below), 2015–2025
Revenue change vs 2024, companies with at least 1m€ that year
Ranked by total revenue · Showing 301–350 of 379
* Avg payroll cost per employee per month = wages, wage compensation and other personnel expenses from the income statement (AOP 211: net wages, taxes and contributions on wages including the employer's, and other personnel expenses) / employees / 12. It is not an employee's gross or net salary; reporting errors can move it significantly, and values below 300€ a month are not shown. How we calculate →
Totals include 38 sole proprietors: natural persons whose statements are shown only in aggregate, never by name. The company count excludes them. How we calculate →
The activity title is the code's title in the KD 2010 classification (NACE Rev. 2), which applies to every year shown. The registry now shows titles from the new classification for the same codes, so titles can differ.
| Year | Revenue | Companies |
|---|---|---|
| 2015 | 64,066,072€ | 247 |
| 2016 | 76,223,868€ | 274 |
| 2017 | 84,127,275€ | 300 |
| 2018 | 85,439,691€ | 334 |
| 2019 | 88,960,129€ | 344 |
| 2020 | 63,674,076€ | 352 |
| 2021 | 83,110,616€ | 359 |
| 2022 | 108,386,275€ | 372 |
| 2023 | 125,737,084€ | 380 |
| 2024 | 139,747,925€ | 382 |
| 2025 (Preliminary) | 147,190,572€ | 379 |
Employees and payroll cost per employee per month*
<0.1% |
| 1,988€ |
| -43.7% |
| -6,846€ |
| -344.4% |
| 1 |
| 675€ |
| 303 | PMT Company03252108 · Podgorica | <0.1% | 1,938€ | -47.7% | -8,553€ | -441.3% | 1 | 680€ |
| 304 | Eagle Stone Studio03796612 · Cetinje | <0.1% | 1,910€ | No filing for 2024. | 43€ | 2.3% | 1 | — |
| 305 | Cavalletta03495302 · Budva | <0.1% | 1,860€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -12,036€ | -647.1% | 1 | 677€ |
| 306 | VD02851032 · Pljevlja | <0.1% | 1,694€ | -1.7% | -8,669€ | -511.7% | 1 | 680€ |
| 307 | Bentley02661454 · Bar | <0.1% | 1,538€ | -70.3% | -6,814€ | -443.0% | 1 | 676€ |
| 308 | Turkijan03073505 · Berane | <0.1% | 1,490€ | -12.9% | -7,191€ | -482.6% | 2 | 338€ |
| 309 | K&S03040933 · Budva | <0.1% | 1,393€ | +20.9% | -5,175€ | -371.5% | 1 | 338€ |
| 310 | V.D. Stil02430096 · Budva | <0.1% | 1,388€ | -27.9% | -4,850€ | -349.4% | 1 | 424€ |
| 311 | Lux-202303618544 · Pljevlja | <0.1% | 1,386€ | -64.9% | -9,567€ | -690.3% | 1 | 701€ |
| 312 | Extra ST02918722 · Pljevlja | <0.1% | 1,113€ | -22.7% | -8,361€ | -751.2% | 1 | 685€ |
| 313 | Chic Chick03426726 · Herceg Novi | <0.1% | 905€ | -68.8% | -7,883€ | -871.0% | 2 | 339€ |
| 314 | Malema03777383 · Podgorica | <0.1% | 817€ | No filing for 2024. | -84€ | -10.3% | 1 | — |
| 315 | August Baby03594238 · Podgorica | <0.1% | 755€ | -84.7% | -7,309€ | -968.1% | 1 | 451€ |
| 316 | Marija Garderoba03349101 · Podgorica | <0.1% | 742€ | -82.4% | -36,814€ | Margin not shown: it is beyond ±1,000% because revenue is too small for a meaningful ratio. | 2 | 509€ |
| 317 | Pera Milano03690156 · Podgorica | <0.1% | 413€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -7,933€ | Margin not shown: it is beyond ±1,000% because revenue is too small for a meaningful ratio. | 0 | — |
| 318 | Mema Moda02413680 · Podgorica | <0.1% | 241€ | +703.3% | 0€ | 0.0% | 1 | — |
| 319 | A & M Clothes03067742 · Podgorica | <0.1% | 2€ | +100.0% | -1,448€ | Margin not shown: it is beyond ±1,000% because revenue is too small for a meaningful ratio. | 1 | — |
| 320 | Butici Ranka03318672 · Podgorica | 0.0% | 0€ | -100.0% | 0€ | — | — | — |
| 321 | City Shop02397170 · Bar | 0.0% | 0€ | -100.0% | 0€ | — | — | — |
| 322 | Degui03762734 · Bar | 0.0% | 0€ | No filing for 2024. | -4,131€ | — | 1 | 342€ |
| 323 | 3 Mag Corporation03739023 · Podgorica | 0.0% | 0€ | No filing for 2024. | -3,659€ | — | 1 | — |
| 324 | Acer02396564 · Pljevlja | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -4,053€ | — | 1 | 338€ |
| 325 | ALT. Brend03190978 · Podgorica | 0.0% | 0€ | -100.0% | -2,060€ | — | 1 | — |
| 326 | Ana02701618 · Berane | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -8,101€ | — | 1 | 675€ |
| 327 | Artemida03471934 · Budva | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -7,842€ | — | 1 | 677€ |
| 328 | Bianca Ricci03672069 · Budva | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -16,849€ | — | 2 | 677€ |
| 329 | Campania02764784 · Podgorica | 0.0% | 0€ | -100.0% | 0€ | — | — | — |
| 330 | Deren Com03228282 · Budva | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -12,897€ | — | 1 | 922€ |
| 331 | Don 2 Don03031608 · Pljevlja | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -8,290€ | — | 1 | 688€ |
| 332 | Edan03312291 · Pljevlja | 0.0% | 0€ | -100.0% | 0€ | — | — | — |
| 333 | Elite Čoković02885042 · Berane | 0.0% | 0€ | -100.0% | -8,101€ | — | 1 | 675€ |
| 334 | MDP Kids03772462 · Podgorica | 0.0% | 0€ | No filing for 2024. | -4,828€ | — | 1 | — |
| 335 | Happy-Co03169871 · Herceg Novi | 0.0% | 0€ | -100.0% | -2,476€ | — | 1 | — |
| 336 | I803803945 · Budva | 0.0% | 0€ | No filing for 2024. | -400€ | — | 1 | — |
| 337 | Jolo Kids03342034 · Nikšić | 0.0% | 0€ | -100.0% | -6,180€ | — | 1 | 507€ |
| 338 | Kerber03066606 · Podgorica | 0.0% | 0€ | -100.0% | -1,034€ | — | 1 | — |
| 339 | Kinders Klub02924633 · Pljevlja | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -1€ | — | 0 | — |
| 340 | Kompani Deka Group Mne SHPK03357465 · Ulcinj | 0.0% | 0€ | -100.0% | 0€ | — | — | — |
| 341 | Migarba03079376 · Herceg Novi | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -2,033€ | — | 1 | — |
| 342 | MP Co03808424 · Tuzi | 0.0% | 0€ | No filing for 2024. | -156€ | — | 1 | — |
| 343 | M & S BP02967243 · Bijelo Polje | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -8,122€ | — | 1 | 677€ |
| 344 | Nikki Beach Lifestyle Montenegro03348792 · Podgorica | 0.0% | 0€ | -100.0% | -15,255€ | — | 1 | 675€ |
| 345 | Nurban03349357 · Podgorica | 0.0% | 0€ | -100.0% | -21,886€ | — | 2 | 840€ |
| 346 | Orbis-Nur Pro03295532 · Rožaje | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -8,101€ | — | 1 | 675€ |
| 347 | Raičević Global Company03769437 · Podgorica | 0.0% | 0€ | No filing for 2024. | -4,193€ | — | 1 | 349€ |
| 348 | Retail Hub03810453 · Podgorica | 0.0% | 0€ | No filing for 2024. | -22€ | — | 1 | — |
| 349 | Stanišić Group03124592 · Budva | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -10,944€ | — | 1 | 675€ |
| 350 | Toska02963850 · Podgorica | 0.0% | 0€ | -100.0% | -2,300€ | — | 1 | — |